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· North Korea is a planned and isolated economy also they have a lack of arable land. But on the other hand South Korea they have an high-tech modern world economy South Korea joined the trillion dollar club of world economy.

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Jennings Hettinger

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11y ago

· North Korea is a planned and isolated economy also they have a lack of arable land. But on the other hand South Korea they have an high-tech modern world economy South Korea joined the trillion dollar club of world economy.

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Q: How would you categorize north Korea and south Korea's economic system?
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Related questions

How many Koreas are there?

There is 2 North Korea and South Korea


What is the half of Korea that remained Communist?

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What is the abbreviation for North Koreas neighbor?

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What type of economic system does South Korea have?

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market economy


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unification with Communist North Korea. He thus made the initiation and expansion of economic relations between the two Koreas his short-term project